Pantera invests in decentralized finance app InstaDApp’s $2.4m seed round

InstaDApp, the autonomous banking portal on emerging blockchain-based protocols, have closed a $2.4m seed round.

Bankrupt KnCMiner finds buyer in GoGreenLight

Bankrupt bitcoin mining conglomerate KnC Group has sold its KnCMiner subsidiary to fellow Swedish company GoGreenLight.

SEBA Bank launches cryptocurrency and blockchain education scheme together with three universities

Swiss digital-first lender SEBA Bank has unveiled a new education platform SEBAversity together with the Frankfurt School Blockchain Center, the Lucerne University of Applied Sciences and Arts, and the University of Zurich.

Bitso raises $2.5m to take bitcoin exchange across LatAm

Mexican bitcoin exchange Bitso has raised $2.5m in funding to expand around Latin America. The investment comes in part from Mexican forging exchange Monex Group.

North Korean hack attacks fund weapons with $2bn stolen banks and cryptocurrency exchanges

The nuclear and missile programmes of Pyongyang has been funded by North Korea using cyberattacks against banks and cryptocurrency exchanges, a new report has revealed.

CFTC accusses Nevada entrepreneur of running a $11m cryptocurrency Ponzi scheme

A top US regulator is accusing the Circle Society and its owner David Gilbert Saffron of fraudulent solicitation, misappropriation and registration violations.

Coinigy nabs $400,000 seed round for bitcoin trader tools

Bitcoin trading platform Coinigy has raised $400,000 in seed funding from a single unnamed angel investor.

Trading volume for Bakkt’s bitcoin futures hit just $5m in first week

Despite having been highly anticipated, the Intercontinental Exchange’s bitcoin futures contract only traded at a total value of $5m in its first week.

Chainalysis lands $16m for real-time crypto compliance tool

Chainalysis has launched a new real-time cryptocurrency compliance tool after closing a $16m Series A round.

US government to auction off $1.6m in bitcoin

The US government is preparing to auction off 2,7000 bitcoins with a value of $1.6m.

News Stories

Checkout.com warns businesses could risk losing $20bn because legitimate online payments are rejected as...

Businesses risk losing over $20bn annually due to legitimate transactions being rejected as fraudulent, which could cause a serious dent in their coffers as they recover from Covid-19, according to new research from Checkout.com.

SoftBank ups stake in PolicyBazaar despite the InsurTech’s CEO claiming the previous investment was...

Insurance marketplace PolicyBazaar has reportedly raised a further $130m from SoftBank, despite the chief executive believing the previous expansion efforts led by the bank were a "mistake."

ESMA updates its data reporting guidance document for MiFIR

On Wednesday July 8, the European Securities and Markets Authority (ESMA) announced that it had updated its document on data reporting under the Market in Financial Instruments Regulation (MiFIR).

ESMA updates its guidance regarding data reporting under EMIR

The EU’s securities markets regulator has updated its questions and answers document on practical questions regarding data reporting issues under the European Markets Infrastructure Regulation (EMIR).

Saudi Arabia-based Lean said to raise $4.5m in its seed round

Saudi Arabia-based Lean has reportedly raised $4.5m in a seed funding round, which was led by RAED Venture.